Private Equity's Youth Sports Investment! How Did America End Up Spending $40 Billion to Watch Kids Play? What About those Who Can't Afford? Why Sports & Not Other Kid Activities? Is This A Bubble?
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The Best Paragraph I've Read:
This year, a team of researchers from Ohio State University and Oregon State University found that success in competitive youth sports might have more to do with money and opportunity than with talent and hard work.
The researchers determined that 70 percent of 10th-grade high school students from families with high socioeconomic status played a high school sport, while only 43 percent of 10th graders from low socioeconomic status families played.
This paragraph comes from The New York Times. The article is titled: "Youth Sports Are a $40 Billion Business. Private Equity Is Taking Notice." The authors are Joe Drape & Ken Belson. You can read the full article here:
Youth Sports Are a $40 Billion Business. Private Equity Is Taking Notice. - The New York TimesZac & Don discuss the business of youth sports. They reflect on their own youth sport spending while also wondering what the impact is on kids and those kids who cannot afford to play. They wonder if America is identifying the best talent while also wondering what the end game is.
The following article from the New Yorker is also referenced in the discussion:
United States
